Engaging Young Minds for Limitless Futures.
Menifee Union School District

Unlike the optional 403(b)/457(b) retirement plans, CalPERS is the California Public Employees' Retirement System that manages pension benefits to classified employees. If you are a classified employee or have worked 1,000 hours (within one school year), you automatically become a member of CalPERS

www.calpers.ca.gov - CalPERS website

www.my.calpers.ca.gov - Access your personal CalPERS benefits

 

CalPers Contribution Rates

CalPERS

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

 

Classic  (2% at 60) Employee Rate

7.00%

7.00%

7.00%

7.00%

7.00%

7.00%

7.00%

7.00%

7.00%

7.00%

 
 

PEPRA (New Member) 2% at 62 Employee Rate

6.00%

6.00%

6.00%

6.50%

7.00%

7.00%

7.00%

7.00%

8.00%

8.00%

 
 

District Contribution Rate (Employer)

11.77%

11.85%

13.89%

15.53%

18.06%

19.72%

20.70%

22.84%

25.37%

26.68%

 
 
               

 

 

 

 



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